Feature/Technology
A quick fix for Mifid
Sell-side firms must adopt the FIX protocol or lose out, warns Chris Pickles , chair of the directive's Joint Working Group in London
Mifid – a commercial opportunity
The commercial opportunities Mifid presents to the foreign exchange dealer are examined by Chris Pickles, chair of the directive's Joint Working Group in London
Mifid explained – an introduction
Chris Pickles, chair of the Mifid Joint Working Group in London, discusses the implications of the directive on foreign exchange
September 2006 - Thomson expands FX offering with Tullett
LONDON – Thomson Financial introduced foreign exchange and money market pricing pages with content from Tullett Prebon Information (TPI).
May 2006 - Currenex launches CX SmartOrder
LONDON – Currenex an-nounced plans to move into algorithmic trading with the launch of CX SmartOrder, a platform that enables customers to use a number of standard models or to create their own.
January 2006 - Acquisitions in e-FX take precedence
LONDON – The year started with a bang with two high-profile acquisitions in the electronic trading space.
August 2006 - FXall to launch anonymous platform
NEW YORK – It emerged in August that FXall was looking to launch an anonymous trading platform to target both buy-side and sell-side market participants. The multi-bank portal sent details to banks outlining how the new platform was set to work.
December 2006 - EBS moves into netting following Traiana deal
LONDON – EBS is to establish a netting service to enable prime customers to net trades with their banks, as the spot broker looks to adapt to the changing landscape.
July 2006 - NAB saga heads towards closure
MELBOURNE – The final chapter of the National Australia Bank (NAB) trading scandal unearthed in 2004 drew close to its conclusion in July, with the last two forex options traders jailed.
Citigroup plays catch-up
Citigroup's recent investment in forex technology appears to be paying off, as demonstrated by the bank's resurgence this year
AIB to pay €30m for overcharging
DUBLIN – Allied Irish Bank (AIB) is to pay over €30 million in further damages relating to foreign exchange overcharging, ending a two-year investigation into the matter.
A capital adventure
Michael Spencer tells FX Week about how he turned Icap from a four-man business into a £3 billion FTSE 100-listed powerhouse in 20 years, and about his plans for EBS
A changing electronic forex landscape
The e-FX awards celebrate best practice and innovation in this space. This is the third time we have held the awards, and we took a fresh look at the categories, and in partnership with external consultants came up with a new range of awards to reflect…
All this and more
In the final multibank platform focus, FX Week looks at the prospects of FXall in its bid to continue the growth it saw in its first four years